PDF: Boom, Bust or Prosperity? Managing Sub-Saharan Africa’s Natural Resource Wealth
Boom, Bust or Prosperity? Managing Sub-Saharan Africa’s Natural Resource Wealth
Boom, Bust, or Prosperity? Managing Sub Saharan Africa’s
BOOM, BUST, OR PROSPERITY? MANAGING SUB SAHARAN AFRICA’S NATURAL RESOURCE WEALTH 2 about when to spend the resource revenue, but also how to spend it. In capital scarce SSA countries, a priority is often to tilt public spending toward investment, especially in economic infrastructure and human capital.
Boom, Bust or Prosperity? Managing Sub Saharan Africa’s
This paper develops an empirical model of the drivers of portfolio flows, and concludes that South Africa has indeed received greater bond flows than can be explained by macroeconomic fundamentals. Bond flows in the four quarters through 2010:Q3 not only exceeded the average over the past 10 years, but also deviated significantly from the amount implied by explanatory variables, including the ...
Boom, Bust, or Prosperity? Managing Sub Saharan Africa’s
Sizeable natural resource endowments and potentially large financial inflows from their extraction provide an unparalleled opportunity for economic growth and development in a growing number of sub Saharan African countries. Empirical evidence suggests, however, that translating this resource wealth into stronger economic performance and a higher standard of living has proven challenging. Much ...
Boom, Bust, or Prosperity? Managing Sub Saharan Africa's
African Department. Boom, Bust, or Prosperity? Managing Sub Saharan Africa’s Natural Resource Wealth. Charlotte J. Lundgren Alun H. Thomas, and Robert C. York
Boom, Bust, or Prosperity? Managing Sub Saharan Africa's
Sizeable natural resource endowments and potentially large financial inflows from their extraction provide an unparalleled opportunity for economic growth and development in a growing number of sub Saharan African countries. Empirical evidence suggests, however, that translating this resource wealth into stronger economic performance and a higher standard of living has proven challenging.
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